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December 3, 2021

Tin Fouye Tabankort (TFT) Conventional Oil Field, Algeria

By Carmen

Tin Fouye Tabankort (TFT) is a producing conventional oil field located onshore Algeria and is operated by Sonatrach. The field is located in block Tin Fouye Tabankort (TFT).

Field participation details

The field is owned by Sonatrach.


Production from Tin Fouye Tabankort (TFT)

The Tin Fouye Tabankort (TFT) conventional oil field recovered 84.25% of its total recoverable reserves, with peak production in 1976. The peak production was approximately 122.05 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2059. The field currently accounts for approximately 2% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 231.67 Mmboe, comprised of 231.67 Mmbbl of crude oil & condensate. Tin Fouye Tabankort (TFT) conventional oil field reserves accounts 0.05% of total remaining reserves of producing conventional oil fields globally.


About Sonatrach

Sonatrach SpA (Sonatrach) is an integrated oil and gas company. It carries out exploration, production, liquefaction, refining, marketing and maritime transportation of hydrocarbons and petroleum products. The company operates pipeline transport, storage, loading and unloading infrastructure network to transport crude oil; condensate, LPG, and natural gas. Sonatrach also carries out production and marketing of liquefied natural gas and by-products such as ethane propane butane and gasoline. It provides research, development, exploitation, and production of hydrocarbons. The company has operational presence in Europe, Africa, and South America. Sonatrach is headquartered in Algiers, Algeria.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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